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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 404,389 $ 333,817 $ 331,655
Depreciation 27,311 26,440 24,044
Amortization 48,275 45,392 42,630
Equity in earnings of unconsolidated affiliates (152,550) (126,103) (137,057)
Distributions received from unconsolidated affiliate 143,517 125,224 141,767
Stock-based compensation 36,366 16,017 17,312
Provision for losses on receivables 172 (126) (135)
Deferred income tax expense (21,046) 4,794 (1,394)
Gain from sale of SEI AK 0 (2,791) (2,791)
Net (gain) loss from investments (1,269) (112) 456
Tax benefit on stock options exercised 0 8,984 16,056
Change in long-term taxes payable 10,629 0 0
Change in other long-term liabilities (2,265) 3,248 1,070
Change in other assets (1,489) (1,917) 783
Write off of capitalized and purchased software 0 0 6,055
Other (2,191) 390 (2,440)
Decrease (increase) in Receivables from investment products 5,095 (13,663) 295
Decrease (increase) in Receivables (52,726) (4,807) (28,469)
Decrease (increase) in Other current assets (3,583) (1,368) (8,014)
Increase (decrease) in Accounts payable (909) 1,455 (5,441)
Increase (decrease) in Accrued liabilities 20,992 18,851 10,498
Increase (decrease) in Deferred revenue 1,180 495 636
Total adjustments 55,509 100,403 75,861
Net cash provided by operating activities 459,898 434,220 407,516
Cash flows from investing activities:      
Decrease in restricted cash 0 2,000 301
Additions to property and equipment (25,525) (31,397) (44,465)
Additions to capitalized software (61,043) (50,392) (29,416)
Purchases of marketable securities (69,525) (73,193) (52,538)
Prepayments and maturities of marketable securities 65,830 54,141 38,551
Sales of marketable securities 0 15,152 7,761
Cash paid for acquisition, net of cash acquired (80,234) 0 0
Receipt of contingent payment from sale of SEI AK 0 2,791 2,791
Other investing activities (1,805) 1,313 (1,000)
Net cash used in investing activities (172,302) (79,585) (78,015)
Cash flows from financing activities:      
Borrowings under revolving credit facility 40,000 0 0
Repayments under revolving credit facility (10,000) 0 0
Purchase and retirement of common stock (248,339) (292,258) (291,374)
Proceeds from issuance of common stock 53,568 48,272 65,543
Payment of dividends (88,862) (84,686) (80,030)
Net cash used in financing activities (253,633) (328,672) (305,861)
Effect of exchange rate changes on cash and cash equivalents 14,583 (9,923) (11,425)
Net increase in cash and cash equivalents 48,546 16,040 12,215
Cash and cash equivalents, beginning of year 695,701 679,661 667,446
Cash and cash equivalents, end of year 744,247 695,701 679,661
Interest paid 699 531 460
Income taxes paid 165,049 157,255 159,605
Non-cash financing activities      
Dividends declared but not paid $ 47,179 $ 44,596 $ 42,625